Paul Refuses to Endorse Romney

Rep. Ron Paul (R-TX) told CNBC he would not endorse Mitt Romney for president, “arguing that neither he nor President Barack Obama would make necessary cuts to public spending that would avert a fiscal catastrophe.”

Said Paul: “I’ve been in this business a long time and believe me there is essentially no difference from one administration to another no matter what the platforms. The foreign policy stays the same, the monetary policy stays the same, there’s no proposal for any real cuts and both parties support it.”